James Anderson at SD Bullion | Market Updates + Gold Silver Guides
A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.
Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades.
The silver spot price now threatens to again pass $20 an ounce next week, now is a good time to remind ourselves about the last time we saw the spot silver prices crash and then rebound with simultaneous retail and whole silver bullion shortage.
In the last 65 days of time, the US National Debt has increased by over $2 trillion fiat Federal Reserve notes. The nation's debt is now over $26.2 trillion ballooning towards $30 trillion through the end of this year into 2021.
Much in part due to the now partially melded US Treasury and private Federal Reserve central bank's response to worsening economic and financial conditions.
We've been wondering aloud why there is so much gold bullion flowing into the COMEX and specifically Brink's NY out of the four major Swiss gold refineries?
The all-time record stopped COMEX gold contract is happening this month in June 2020, thus far it represents over 5.2 million oz of gold. Almost 161k of gold kilobars you see below. Each one valued at around $57 grand.